Now We Can Blame the Snow for Weak Employment Numbers

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Photo: Spencer Platt/Getty Images

The unemployment rate fell to 9 percent last month, the lowest it's been since April 2009, but at the same time, the economy added only 36,000 jobs, much fewer than forecast. The culprit, apparently? What else: snow. "Snow suppressed payrolls, but look past it and the labor market is clearly improving," an economist says. [Bloomberg]